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10 Shillings
| Issuer | National Bank of South Africa Ltd. |
|---|---|
| Year | 1917-1921 |
| Type | Log in to see details |
| Value | 10 Shillings |
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| Composition | Log in to see details |
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| Obverse description | Green and orange note with an elaborate guilloche border and corner numerals reading '10'. A large intaglio vignette to the left portrays a winged putto seated among a cornucopia of fruit and foliage. The bank title 'THE NATIONAL BANK OF SOUTH AFRICA LIMITED' arches across the upper portion, with 'TRANSVAAL ISSUE' inscribed at the top margin. The denomination 'TEN SHILLINGS' appears in a central panel, accompanied by the place of issue 'JOHANNESBURG', the promise-to-pay clause, a date line, and signature lines for Manager and Accountant, with the printer's imprint at the foot. |
|---|---|
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| Reverse lettering | THE NATIONAL BANK OF SOUTH AFRICA LIMITED 10/- TEN SHILLINGS WATERLOW & SONS LIMITED, LONDON |
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| Comments |
The National Bank of South Africa Ltd. was a commercial institution, not a central bank — it held note-issuing rights in the Union of South Africa during the period before the South African Reserve Bank was established in 1921. Once the Reserve Bank opened its doors, private banks lost their issuing privileges, and the National Bank's notes were progressively withdrawn. That legislative curtailment is the main reason surviving examples from this series are scarcer in the higher denominations; the 10 Shillings, being more actively circulated, saw genuine wear.
Waterlow & Sons produced the plates in London. The S-prefix in the Pick reference indicates a commercial bank issue rather than a central authority emission.